Market News | Ethiopia International Trade Exhibition (EITE) 2019

Market News

  • Ethiopia: Textiles Making Country FDI Manufacturing Hub

    Posted on :Friday , 24th February 2017

    Ethiopia has continued becoming investors' choice. It is attracting more Foreign Direct Investment (FDI) from time to time. Particularly, textile and garment manufacturing industries, as the sectors are labour intensive, they create millions of job opportunities,and help transfer technology. They have managed to attract both local and foreign big companies in the budget year. Thus, becoming Afr. . .

  • East Africa to Benefit from Brexit - UK High Commissioner

    Posted on :Friday , 17th February 2017

    The United Kingdom has promised to strengthen trade and investment links with the East African Community Partner States for mutual benefit.

     
    UK High Commissioner to Tanzania, Ms Sarah Cooke, said that her country would remain an outward focused trade-based economy with strong partnerships with other countries and regional economic blocs even in the wake of Brexit.
  • Africa's Urban Population to Reach 1 Billion by 2040 - World Bank Report

    Posted on :Thursday , 16th February 2017

    The World Bank (WB) has reported that Africa's urban population will double over the next 25 years, reaching 1 billion people by year 2040.

     
    The report cites the population of the continent's urban areas as 472 million, and predicts that an additional 187 million people will be added to urban areas by 2025 to reach the predicted figure.
     
  • Africa Remains Continent of Hope - UN Secretary General

    Posted on :Monday , 6th February 2017

    UN Secretary-General António Guterres says Africa remains a continent of hope in spite of the obvious crises and underdevelopment currently ravaging the region.

     
    Guterres, in a commentary entitled: "A Continent of Hope", following his visit to the region on Monday to participate at the 28th Summit of the African Union in Addis Ababa, said there are m. . .

  • Expogroup Wins Big at the Tanzania Leadership Awards 2016

    Posted on :Friday , 3rd February 2017

      On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from conglomerates with more than 500 employees, to small start-ups with a staff count of 2 to 4 employees. . .

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